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Thread: Investments ( containers/shares/forex)

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    Full Member andrecv's Avatar
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    Investments ( containers/shares/forex)

    I am very interested in investing abroad but there is such a lot of SCAMS nowadays that it's better to keep the extra rand under the pillow...anyone know of reputable offshore investment options...i did a bit of research on so called co's that pest me day and night regarding investing in forex, containers,etc...SCAMMERS i tell you they are even published on the most wanted lists abroad...what now...???
    I do have a few rands in SATRIX 40 but that is obviously long term...

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    Morning Andre,

    The best and safest way is to invest your money with a local financial services provider, who diversify with funds offshore. I need to ask you though, why do you want to invest offshore? There are plenty of good vehicles to invest in locally

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    Hi Andrea!
    It is a very good idea thinking out of the box. You make a better and imaginable profits investing abroad, though that is not a guarantee.

    Some business fails and some prospers tremendously. This depends on what you would like to invest and the countries you have in mind.

    There is Economic upsurge in some countries in Africa right now...Angola, Nigeria, Zambia, Equatoria Guinea...

    Share your countries of choice and lets discuss it more.
    "IF YOU WAIT FOR PERFECT CONDITION, YOU'LL NEVER GET ANYTHING DONE"

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    38% of local shares are owned by foreign investors, historically we've performed much better than developed economies, also offshore you have a second risk factor which is currency exchange rate, I personally invest into local equity and unlisted property shares. You have R22800 tax free profit per year on interest bearing assets, you invest into our economy, I personally believe you'll get better returns and so on.
    With regards to your satrix 40 if you invested into a non-tracking fund you would have gotten much better returns guaranteed, anyway just a thought
    ---There is no traffic at the extra mile---

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    Full Member andrecv's Avatar
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    thank you Nickolai...

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    Full Member andrecv's Avatar
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    Thanks for the reply riaano but i do have a few local investments in my basket but maybe it is just going along at a slow pace according to me that is...

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    Full Member andrecv's Avatar
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    Thanks Cejay...i prefer the european countries (UK,Germany and the like) i know it is kind of risky in the Eurozone currently but as the saying goes " from others misfortune comes your fortune"...

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    Before 'Democracy' dawned in SA there were a few guys who used local money to fabricate containers then leased them all over the world with the money going into a foreign account.

    It was a 'Skelm' way of using local cash to generate foreign income and getting your cash out of the country.

    I think the loophole was closed after a while, but not before a lot of horses had bolted.
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    So, if I understand correctly Andre, you have a couple of extra Bokke that you want to speculate with? Have a look here, this might be of interest to you..
    http://www.theforumsa.co.za/forums/s...-has-ever-seen

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    Quote Originally Posted by andrecv View Post
    i do have a few local investments in my basket but maybe it is just going along at a slow pace according to me that is...
    Better than going backwards like many other parts of the world. The JSE has been doing quite well compared to most other markets.

    If I was to look offshore... has anyone taken a close look at Australia and how their stock exchange has been performing?

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